Polytec Holding
Market Cap
€161.0m
Last Updated
2020/11/25 21:33 UTC
Data Sources
Company Financials +
Executive Summary
Polytec Holding AG, together with its subsidiaries, develops and manufactures plastic solutions for the passenger cars and light commercial vehicles, commercial vehicles, and industrial applications. More Details
Rewards
Risk Analysis
Snowflake Analysis
Reasonable growth potential with mediocre balance sheet.
Similar Companies
Share Price & News
How has Polytec Holding's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: PYT is not significantly more volatile than the rest of Austrian stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: PYT's weekly volatility (4%) has been stable over the past year.
Market Performance
7 Day Return
10.1%
PYT
4.5%
AT Auto Components
2.7%
AT Market
1 Year Return
-20.8%
PYT
-9.1%
AT Auto Components
-14.5%
AT Market
Return vs Industry: PYT underperformed the Austrian Auto Components industry which returned -9.4% over the past year.
Return vs Market: PYT underperformed the Austrian Market which returned -14.8% over the past year.
Shareholder returns
| PYT | Industry | Market | |
|---|---|---|---|
| 7 Day | 10.1% | 4.5% | 2.7% |
| 30 Day | 30.7% | 18.0% | 14.2% |
| 90 Day | 40.8% | 24.5% | 13.8% |
| 1 Year | -20.8%-20.8% | -7.2%-9.1% | -12.3%-14.5% |
| 3 Year | -61.3%-64.0% | -33.1%-38.0% | -6.8%-15.0% |
| 5 Year | 10.2%-3.7% | -16.2%-26.5% | 34.6%16.2% |
Long-Term Price Volatility Vs. Market
How volatile is Polytec Holding's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall St
Earnings Update: Here's Why Analysts Just Lifted Their Polytec Holding AG (VIE:PYT) Price Target To €7.733 weeks ago | Simply Wall St
Polytec Holding's (VIE:PYT) Stock Price Has Reduced 72% In The Past Three Years1 month ago | Simply Wall St
A Look At The Fair Value Of Polytec Holding AG (VIE:PYT)Valuation
Is Polytec Holding undervalued compared to its fair value and its price relative to the market?
0.7x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: PYT (€7.32) is trading above our estimate of fair value (€6.78)
Significantly Below Fair Value: PYT is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: PYT is unprofitable, so we can't compare its PE Ratio to the XE Auto Components industry average.
PE vs Market: PYT is unprofitable, so we can't compare its PE Ratio to the Austrian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate PYT's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: PYT is good value based on its PB Ratio (0.7x) compared to the XE Auto Components industry average (1.4x).
Next Steps
Future Growth
How is Polytec Holding forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
103.4%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: PYT is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (0.5%).
Earnings vs Market: PYT is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: PYT's is expected to become profitable in the next 3 years.
Revenue vs Market: PYT's revenue (5.7% per year) is forecast to grow faster than the Austrian market (5.4% per year).
High Growth Revenue: PYT's revenue (5.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: PYT's Return on Equity is forecast to be low in 3 years time (7.7%).
Next Steps
Past Performance
How has Polytec Holding performed over the past 5 years?
-14.4%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PYT is currently unprofitable.
Growing Profit Margin: PYT is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: PYT is unprofitable, and losses have increased over the past 5 years at a rate of 14.4% per year.
Accelerating Growth: Unable to compare PYT's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: PYT is unprofitable, making it difficult to compare its past year earnings growth to the Auto Components industry (-43.4%).
Return on Equity
High ROE: PYT has a negative Return on Equity (-0.6%), as it is currently unprofitable.
Next Steps
Financial Health
How is Polytec Holding's financial position?
Financial Position Analysis
Short Term Liabilities: PYT's short term assets (€292.7M) exceed its short term liabilities (€132.8M).
Long Term Liabilities: PYT's short term assets (€292.7M) exceed its long term liabilities (€215.1M).
Debt to Equity History and Analysis
Debt Level: PYT's debt to equity ratio (86.7%) is considered high.
Reducing Debt: PYT's debt to equity ratio has reduced from 102.2% to 86.7% over the past 5 years.
Debt Coverage: PYT's debt is not well covered by operating cash flow (12.8%).
Interest Coverage: Insufficient data to determine if PYT's interest payments on its debt are well covered by EBIT.
Balance Sheet
Next Steps
Dividend
What is Polytec Holding current dividend yield, its reliability and sustainability?
1.97%
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate PYT's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate PYT's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if PYT's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if PYT's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: PYT is not paying a notable dividend for the Austrian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of PYT's dividend in 3 years as they are not forecast to pay a notable one for the Austrian market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
1.9yrs
Average management tenure
CEO
Markus Huemer (39 yo)
1.83yrs
Tenure
€461,000
Compensation
Mr. Markus Huemer has been Chief Executive Officer of Polytec Holding AG since January 1, 2019 and also serves as Chairman of the Board since January 01, 2019. Mr. Huemer served as Chief Operating Officer ...
CEO Compensation Analysis
Compensation vs Market: Markus's total compensation ($USD549.01K) is below average for companies of similar size in the Austrian market ($USD933.46K).
Compensation vs Earnings: Markus's compensation has increased whilst the company is unprofitable.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman of the Board & CEO | 1.83yrs | €461.00k | no data | |
| CFO & Director | 9.75yrs | €255.00k | no data | |
| COO & Director | 1.83yrs | €376.00k | no data | |
| Chief Sales Officer & Director | 2.25yrs | €376.00k | no data | |
| Head of Investor Relations | no data | no data | no data | |
| Director of Corporate Communications | no data | no data | no data | |
| Head of Industrial Division | no data | no data | no data | |
| Head of Product Development Composites | no data | no data | no data | |
| 1.92yrs | €1.10m | 29.48% € 47.5m |
1.9yrs
Average Tenure
53.5yo
Average Age
Experienced Management: PYT's management team is not considered experienced ( 1.9 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Member of Supervisory Board | 14.58yrs | €22.00k | no data | |
| Independent Chairman of the Supervisory Board | 13.42yrs | €35.00k | no data | |
| Independent Deputy Chairman of the Supervisory Board | 13.42yrs | €28.00k | no data | |
| Independent Member of Supervisory Board | 10.75yrs | €22.00k | no data |
13.4yrs
Average Tenure
60.5yo
Average Age
Experienced Board: PYT's board of directors are seasoned and experienced ( 13.4 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Polytec Holding AG's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Polytec Holding AG
- Ticker: PYT
- Exchange: WBAG
- Founded: 1986
- Industry: Auto Parts and Equipment
- Sector: Automobiles
- Market Cap: €161.007m
- Shares outstanding: 22.00m
- Website: https://www.polytec-group.com
Number of Employees
Location
- Polytec Holding AG
- Polytec-Strasse 1
- Hörsching
- Upper Austria
- 4063
- Austria
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| PYT | WBAG (Wiener Boerse AG) | Yes | Ordinary Shares | AT | EUR | Apr 2006 |
| P4N | DB (Deutsche Boerse AG) | Yes | Ordinary Shares | DE | EUR | Apr 2006 |
| 0GOX | LSE (London Stock Exchange) | Yes | Ordinary Shares | GB | EUR | Apr 2006 |
| PYTV | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Ordinary Shares | GB | EUR | Apr 2006 |
Biography
Polytec Holding AG, together with its subsidiaries, develops and manufactures plastic solutions for the passenger cars and light commercial vehicles, commercial vehicles, and industrial applications. The c...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/11/25 21:33 |
| End of Day Share Price | 2020/11/25 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.